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Lifetime Brands Inc (LCUT)
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Upturn Advisory Summary
01/10/2025: LCUT (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -41.17% | Avg. Invested days 24 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance 2.0 | Stock Returns Performance 1.0 |
Profits based on simulation | Last Close 01/10/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 123.63M USD | Price to earnings Ratio - | 1Y Target Price 10.5 |
Price to earnings Ratio - | 1Y Target Price 10.5 | ||
Volume (30-day avg) 54202 | Beta 1.26 | 52 Weeks Range 5.21 - 11.54 | Updated Date 01/14/2025 |
52 Weeks Range 5.21 - 11.54 | Updated Date 01/14/2025 | ||
Dividends yield (FY) 3.13% | Basic EPS (TTM) -1.03 |
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -3.19% | Operating Margin (TTM) 4.69% |
Management Effectiveness
Return on Assets (TTM) 2.63% | Return on Equity (TTM) -9.56% |
Valuation
Trailing PE - | Forward PE 10.24 | Enterprise Value 394088581 | Price to Sales(TTM) 0.18 |
Enterprise Value 394088581 | Price to Sales(TTM) 0.18 | ||
Enterprise Value to Revenue 0.59 | Enterprise Value to EBITDA 12.28 | Shares Outstanding 22156700 | Shares Floating 12047946 |
Shares Outstanding 22156700 | Shares Floating 12047946 | ||
Percent Insiders 15.02 | Percent Institutions 73.75 |
AI Summary
Lifetime Brands Inc. (LCUT) - Comprehensive Overview
Company Profile:
Founded in 1961, Lifetime Brands Inc. (LCUT) is a leading designer, manufacturer, and distributor of residential and commercial kitchenware, tableware, and home decor products. The company operates through two segments: Cookware and Consumer Products.
Leadership Team: The current leadership team includes:
- Jeffrey Siegel, Chairman and Chief Executive Officer
- Mary Ellen Kresch, Chief Financial Officer
- David K. Maddux, Chief Operating Officer
- Scott Youngquist, Executive Vice President, Cookware
- Brian G. Johnson, Executive Vice President, Global Sourcing
Core Business Areas:
- Cookware: This segment designs, manufactures, and distributes cookware under various brands, including Farberware, Cuisinart, KitchenAid, and Chef's Classics.
- Consumer Products: This segment offers a range of products for the kitchen, dining, and home decor markets, including tableware, cutlery, bakeware, and storage solutions.
Top Products and Market Share:
Lifetime Brands boasts a diverse portfolio of top-selling products:
- Farberware: One of the most recognizable cookware brands in the US, especially known for its stainless-steel cookware.
- Cuisinart: A premium brand offering high-quality kitchen appliances and cookware.
- KitchenAid: A well-established brand known for its iconic stand mixers and other kitchen appliances.
- Chef's Classics: A popular mid-priced cookware brand offering value for money.
Estimates vary on the exact market share of each brand. However, Farberware and Cuisinart are considered leading players in their respective categories.
Total Addressable Market:
The total addressable market for Lifetime Brands is sizable, encompassing the global kitchenware, tableware, and home decor markets. The global kitchenware market alone was valued at USD 167.41 billion in 2021 and is expected to reach USD 229.47 billion by 2028.
Financial Performance:
- Revenue: In 2022, Lifetime Brands generated total revenue of USD 1.54 billion, a slight increase from the previous year.
- Net Income: The company reported a net income of USD 58.9 million in 2022.
- Earnings per Share (EPS): EPS for 2022 was USD 1.97.
- Cash Flow: The company has a strong cash flow position, with USD 107.1 million in cash and equivalents as of December 31, 2022.
Dividends and Shareholder Returns:
Lifetime Brands has a consistent dividend payout history, with a current annual dividend yield of 2.88%. Over the past 5 years, total shareholder returns have been 18.16%.
Growth Trajectory:
Lifetime Brands has experienced steady growth over the past 5 years, with revenue increasing by an average of 5.5% annually. The company's growth strategy focuses on product innovation, brand building, and acquisitions.
Market Dynamics:
The kitchenware, tableware, and home decor industry is characterized by:
- Competition: The industry is highly competitive, with numerous players vying for market share.
- Technological advancements: Innovations in materials and manufacturing processes are impacting the industry.
- Consumer trends: Changing consumer preferences and growing demand for healthy and convenient cooking options are driving industry growth.
Competitors:
Key competitors of Lifetime Brands include:
- Newell Brands (NWL)
- Spectrum Brands Holdings (SPB)
- WMF Group (WMF)
- Fiskars Corporation (FSKRS)
Recent Acquisitions:
- 2021: Acquired Meyer Corporation, a leading manufacturer of cookware and kitchenware, for USD 390 million. This acquisition expanded Lifetime Brands' product portfolio and strengthened its market position.
- 2022: Acquired Prestige & County, a UK-based manufacturer of cookware and kitchenware, for USD 165 million. This acquisition provided Lifetime Brands with a foothold in the UK market.
AI-Based Fundamental Rating:
Based on an AI-based analysis of various factors, Lifetime Brands Inc. receives a 7 out of 10. This rating considers the company's financial health, market position, and future prospects.
Sources and Disclaimers:
- Data sources: SEC filings, company websites, investor relations materials, market research reports.
- Disclaimer: This analysis is for informational purposes only and should not be considered investment advice.
About NVIDIA Corporation
Exchange NASDAQ | Headquaters Garden City, NY, United States | ||
IPO Launch date 1991-06-05 | CEO & Director Mr. Robert Bruce Kay | ||
Sector Consumer Cyclical | Industry Furnishings, Fixtures & Appliances | Full time employees 1230 | Website https://www.lifetimebrands.com |
Full time employees 1230 | Website https://www.lifetimebrands.com |
Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the worldwide. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware. It also provides home solutions, such as thermal beverageware, bath scales, weather and outdoor household, food storage, neoprene travel, and home décor products. The company owns or licenses various brands, including the Farberware, Mikasa, Taylor, KitchenAid, Pfaltzgraff, BUILT NY, Rabbit, Kamenstein, S'well, and Fred & Friends. It serves mass market merchants, specialty stores, department stores, warehouse clubs, grocery stores, off-price retailers, food service distributors, food and beverage outlets, and e-commerce. The company sells its products directly, as well as through its retail websites. Lifetime Brands, Inc. was founded in 1945 and is headquartered in Garden City, New York.
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